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You own a portfolio that is 44.8% invested in Stock X, 35.2% in Stock Y, and 20% in Stock Z. The expected returns on these
You own a portfolio that is 44.8% invested in Stock X, 35.2% in Stock Y, and 20% in Stock Z. The expected returns on these three stocks are 7.1%, 11.7%, and 15.6%, respectively. What is the expected return on the portfolio?
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